A White House spokesman didn't immediately respond to a request for comment on Saturday afternoon. "We encourage China to address the long standing concerns raised by the Unites States". Trump has tried to use tariffs as a way to penalize a number of countries this year, including Mexico, Japan, Canada, and members of the European Union , hoping that the threat of driving up costs on their prod... [Full Article...]

Its decision came despite Erdogan repeating his opposition to high interest rates earlier in the day, saying high inflation was a result of the central bank's wrong steps. "We will not give them the opportunity to drive the state into a corner". It added that in the current contracts, the agreed prices in foreign currencies will be redefined as Turkish lira within one month and the terms of th... [Full Article...]

As the Trump administration readies major trade actions this month , including a potential $200 billion in new tariffs on imported Chinese goods , America's biggest trade associations - representing a wide swath of industries - have formed what they say will be a sweeping campaign against tariffs. [Full Article...]

Energy Information Administration announced that it forecasted the U.S. crude oil production to rise by 840 barrels per day to 11.5 million bpd in 2019 compared to the previous estimate of a daily increase of 1.02 million barrels. Total Iranian oil shipments for September-although we're just one third into the month and more tankers could leave later in September-slumped to 1.3 million bpd thro... [Full Article...]

The two products are Bitcoin Tracker One and Ether Tracker One . As the SEC has been rejecting multiple applications for Bitcoin-based ETF in the US for a long time - the most recent refusal coming around late August - the Bitcoin Tracker One and Ether Tracker One were being looked upon by the USA -based cryptocurrency proponents as the legal alternative to the crypto ETF... [Full Article...]

Gasparino was writing in response to a tweet from Wall Street Journal columnist Kimberley Strassel . On Monday morning, Trump tweeted that "The GDP Rate (4.2%) is higher than the Unemployment Rate (3.9%) for the first time in over 100 years!" Gasparino responded with a mix of snark and anger. [Full Article...]

The BJP held bandh supporters responsible for the death of a two-year-old girl in Jehanabad while being taken to a hospital but the local administration denied the allegation that the ambulance carrying her was stopped by protesters. "Narendra Modi used to say that nothing has happened in 70 years and we will do it in four years". Finance Minister Arun Jaitley remained evasive on the issue o... [Full Article...]

Other economists, though, have expected payroll growth to slow as employers increasingly struggle to find available workers now that the jobless rate has dipped below 4%. Mining added 6,000 new jobs. Construction companies hired 23,000 more workers last month after increasing payrolls by 18,000 jobs in July. Wage growth boomed in August, the latest U.S. [Full Article...]

Other issues of concern around cryptocurrencies include potential money-laundering and market manipulation. What Chavez did make clear is that while a timeline for the venture has never been established, Goldman has been approving bitcoin-linked futures contracts since May and providing clients liquidity with those futures. [Full Article...]

One reason has been that job-rich areas also contain too-expensive housing, but there are other factors in play. Bernie Sanders introduced a bill Wednesday that would tax companies like Amazon and Walmart for the amount of money their employees receive in federal benefits. [Full Article...]

On Friday, Tesla's chief accounting officer unexpectedly resigned after a month on the job - leaving a hole in the embattled company's management. Asked by Musk whether it was legal to smoke, Rogan assured him that it was, then asked: "How does that work?" Tesla representatives were not immediately available for comment Friday morning. [Full Article...]

The next few days will show investors a lot about Bitcoin price action. While there were short phases of stability and recovery, it never really led to a momentum that could help the currency grow at a stable pace. Today, one Bitcoin is worth about £4,886, which may sound a lot, but at its highest in December a year ago, the price of Bitcoin was at £12,393, so this is a huge drop in value. [Full Article...]

Sources said both sides want a deal, but cautioned there remain disagreements on key issues, including dairy, culture and the Chapter 19 dispute resolution mechanism. The president's comments came a day after Democrat Ron Wyden , ranking member of the Senate Finance Committee that oversees trade, criticized the administration for excluding Canada from its Nafta deal. [Full Article...]